Brown Advisory
Brown Advisory US Mid Cap Growth Fund
US Mid-cap Growth
Jun 2025 → Jun 2025
Our archive holds 1 letter from this strategy, behind 3 investment theses and positions in 20 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year · follow all of Brown Advisory for every strategy.
What it bought and sold
We sold our position in Guidewire due to valuation after 160% - 190% gains from our initial purchases in late 2023.
We exited Entegris (ENTG) and Pinterest (PINS) to fund what we view as superior opportunities in other investments.
We exited Entegris (ENTG) and Pinterest (PINS) to fund what we view as superior opportunities in other investments.
We purchased shares of innovative defense and space company Voyager on its recent initial public offering.
Cloudflare has capitalized on its leading global Content Delivery Network (CDN)—a distributed system of servers that stores and delivers content efficiently to end users—to build a strong cybersecurity business.
Comfort Systems is one of the largest non-union MEP (mechanical, electrical, plumbing) contracting firms in the U.S.
Also held
- HEICO Corporation Class A
- Datadog, Inc. Class A
- Bio-Techne Corporation
- West Pharmaceutical Services, Inc.
- Roblox Corp. Class A
- Hilton Worldwide Holdings Inc.
- Waste Connections, Inc.
- CoStar Group, Inc.
- Vertiv Holdings Co.
- Veeva Systems Inc Class A
- Marvell Technology, Inc.
- CCC Intelligent Solutions Holdings Inc
- Arthur J. Gallagher & Co.
Its investment theses
- CloudflareJun 2025Cloudflare is leveraging its leading CDN to expand into cybersecurity and scale its serverless edge computing platform, 'Workers,' with significant growth potential in emerging sectors like AI.
- Comfort Systems USA, Inc.Jun 2025Comfort Systems is a leading non-union MEP contracting firm in the U.S. that is poised for growth and higher margins due to a skilled labor shortage and strong demand in construction.
- Voyager TechnologiesJun 2025Voyager is a unique player in early-stage space and defense technology with promising contracts and long-term growth potential.